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Minskoff Equities Commences Office/Retail Build in DUMBO
Edward J. Minskoff Equities and JPMorgan Global Alternatives broke ground Friday on 29 Jay St., an office/retail project in Brooklyn’s DUMBO neighborhood. Designed by architecture firm Marvel, 29 Jay will contain the neighborhood’s first new space office in more than a century.
“The pandemic may have paused the New York market, but we now see people flowing back to our buildings in Manhattan and energizing the economy,” said Edward Minskoff, who founded the company bearing his name in 1987.
He continued, “For anyone that doubts our decision to build at this time, I will remind them that others doubted my building all 7.5 million square feet of World Financial Center in one phase, and more recently, 51 Astor Pl. in Greenwich Village with no pre-leasing and in advance of the area enjoying renown as a technology hub. Both of these projects are of course enduring success stories.”
- ◦Development
